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Ancestry.com (ACOM +4.4%) +6.4% AH after reporting Q1 revenue of $108.5M (+19% Y/Y) and EPS of...
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Wednesday, April 25, 2012, 4:37 PM ETAncestry.com (ACOM +4.4%) +6.4% AH after reporting Q1 revenue of $108.5M (+19% Y/Y) and EPS of $0.30, beating consensus by $1.1M and $0.07, and announcing it's spending $100M in cash and assumed liabilities to acquire fellow family history site Archives.com. Archives.com has over 380K paid subs, and Ancestry claims the site's focus on historical records makes it complementary to its own offerings.
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